“Demand volumes for the 2nd and 3rd quarters of 2018 totaled roughly 238,000 units nationwide. That’s notably better than the average absorption of 214,000 units recorded for that six-month period each year during the current economic cycle.”

“While perhaps not as obvious as in urban geographies, small communities require a range of housing options, including rental projects that offer access to jobs, transit, health care, and community amenities.”